Govt decides to withdraw arrestment powers on concealment of Income
The government has finally taken the decision to remove all income tax provisions from the Finance…
Government Seeks to Impose tax on Suspicious Gifts transactions among Relatives
The standing committee informed and proposed that an amendment is under way to streamline legality…
FBR Officers Authorized to Arrest Anyone on Concealment of Income
The Inland Revenue officers of the Federal Board of Revenue (FBR) have been given unlimited powers…
Taxes on Salaries and Pensions: FBR Issues Clarification
Federal Board of Revenue (FBR) issued a clarification on a news published in the daily Express…
FTO ordered an investigation against officials of CTO Lahore against recovery of tax without notice
The Federal Tax Ombudsman (FTO) has passed an order against the corporate tax office, Lahore (CTO)…
Budget in front but Pakistan and IMF will discuss taxes next week
Pakistan and the International Monetary Fund (IMF) are working to eliminate their differences over…
Tax Practitioners Urged FBR to issue FTNs against Withholding tax Deduction
Tax practitioners have urged the Federal Board of Revenue (FBR) to issue Free Tax Numbers (FTNs) to…
Despite the obstacles, the FBR issued a Rs250b tax refunds
FBR Inland Revenue (Operations) member Dr Muhammad Ashfaq Ahmed has claimed that despite some minor…
Govt considering to reduce taxes on cars in upcoming budget
The government is considering slashing taxes on new imported and locally assembled cars of up to…
The KTBA Proposed the FBR to separate the tax fraud investigation
Karachi Tax Bar Association (KTBA) proposed to the Federal Board of Revenue (FBR) to separate tax…
